Global trade volume for the full year 2012 is projected to be up 7% for HDPE and 3% for LDPE, but down 2% for LLDPE. Higher Middle East exports play a key role.
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Tag Archives: Western Europe
New Global Trade Coverage of PMMA
Because of the importance of PMMA in numerous end use applications, ITP has launched a new publication that provides comprehensive monthly coverage of PMMA polymer and sheet trade flows between countries and regions. The publication is based on detailed trade statistics from over 50 countries and captures nearly all of the world’s trade.
The first issue was published in September and covers trade through June 2012. Some of the trends visible in the first issue were:
1. The volume of PMMA polymer traded worldwide through June was 282,000 tons, down 2% from the same period last year. The volume of PMMA sheet traded was 258,000 tons, down 14%.
2. Eastern Europe was the world’s highest volume importing region for PMMA; North America, Western Europe and Eastern Europe were the leading importers of sheet.
3. China was the world’s top importing country for polymer, 112,746 tons, up 2%, and also for sheet, 48,800 tons, down 40%.
4. Asia-Pacific exports of PMMA polymer to Western Europe have nearly doubled year to date.
5. Asia-Pacific exports of PMMA sheet year to date have increased to Eastern Europe, North America, and, with the highest percentage gains, Latin America and the Middle East.
China’s Exports of Numerous Fabricated Plastic Products Continue High
Despite obvious economic issues in export markets, China’s exports of various fabricated plastic products were up. Continue reading
Russia’s Polyolefin Imports Rise
Trade Figures Reflect Weak Demand in Western Europe
The slowdown in Western Europe’s demand was evident from the region’s intra-regional trade plus net imports. Imports of some products from the Middle East, however, surged. Continue reading
Much Higher PP Exports from the Middle East to Asia and Europe
Exports to Africa and Latin America also rose. Saudi Arabia’s exports hit a new high.
Middle East Expands LLDPE and HDPE Exports to Asia, Europe and Latin America
Exports of LDPE to Asia and Africa rise.
Russia Exports More LDPE; Imports More LLDPE and HDPE
Russia exported over 50,000 tons of LDPE through March, 2012, up 29%; imports were minor. Russia’s imports of HDPE and LLDPE, however, were up substantially.
More Ethylene, Benzene and Methanol Traded in 2011; Less Propylene
World trade volume was up 3%-9% for ethylene, benzene and methanol; down 3% for propylene.
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MEG and DEG Global Trade Expands Further in 2011
Both MEG and DEG global trade volume increased in 2011, although the growth rate for MEG was down substantially from 2010. Continue reading